Setiment is too strong to short now. Need to wait and see about the settlement. If your bias is long, BUY CALLS. Shorst could get happered here. Don't get me wrong I have no problem shorting and have many for a day trade only or through the use of PUTS.
AIG dropped its lawsuit against the NY Fed over Maiden Lane ii. Isn't this the same issue Bac is dealing with in this same lawsuit with AIG? I am a bit confused here.Is the lawsuit against Bac then is a separate action?